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Archived Press Releases

  • 5/18/99 7:00 am EDT

    Joint Marketing Agreement To Build E-commerce Business

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS - news) today announced a strategic partnership with, one of the largest single domain name registration services on the Internet and one of five Internet Corporation for Assigned Names and Numbers (ICANN) accredited test-bed registrars. As part of the agreement, Staples invested $7 million in and has formed an aggressive cross-marketing effort to help its small business customersmore...
  • 5/18/99 7:00 am EDT

    Net Income Jumps 47 Percent; Earnings Per Share Increase 38 Percent

    Same-Store Sales Grow 10 Percent for North America, 9 Percent

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS - news), the pioneer of the office superstore industry, today announced net income of $50.3 million, or $.11 per common share on a diluted basis, for the first quarter which ended May 1, 1999, compared with $34.1 million, or $.08 per common share, on a diluted basis, for the prior year. Historical data has been restated to reflect the merger with Quill Corporation under the pooling of interestsmore...
  • 5/12/99 7:00 am EDT

    Avery Dennison Wins Thomas G. Stemberg Award

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced the 1998 vendor awards, recognizing companies that have distinguished themselves by contributing to Staples' continued success. These companies were honored for outstanding new products, store service support, logistics and category development. This is the eighth year Staples has given awards to its vendors. The announcements were made by Rich Gentry, executive vice president,more...
  • 5/3/99 7:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced an online marketing agreement with CNN Interactive to become the exclusive office supplies merchant for Shop@CNN, CNN Interactive's newest online initiative, also launched today. visitors are 141 percent more likely than the average Web user to make an online purchase, according to a CyberDialogue Visitor Profile Study. "This agreement with CNN, combined with our existingmore...
  • 4/27/99 7:00 am EDT
    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today is celebrating the 10th anniversary of its Initial Public Offering, a return on investment that tops 2600 percent for the ten year period, and a five year (FY94 to FY98) compounded annual earnings per share growth of 33 percent. ``When we announced our initial IPO back in 1989, few believed we would be successful but we knew we had a tremendous retail concept,'' said Staples Chairman and Chief Executivemore...
  • 4/26/99 7:00 am EDT

    Office Supplies Retailer Expands European Presence

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced that it has launched its Quill catalog business in the United Kingdom to offer business customers access to competitive pricing, excellent customer service and a wide selection of office supply products. "Europe is a target growth region for Staples and we see tremendous potential for the Quill brand to help increase our share of the office supplies business overseas," said Ronald L. Sargent,more...
  • 4/7/99 7:00 am EDT

    Staples offers third channel for 24-hour shopping as a convenience for
    small business and student customers First office supplies superstore
    retailer to have stores open around the clock

    WESTBOROUGH, Mass.--(BUSINESS WIRE)--In response to the needs of its small business and student customers, Staples is offering the added convenience of a third channel for 24-hour shopping with the launch of 15, 24-hour superstores in select cities around the country. Staples, the pioneer of the office product superstore, is the first in this industry to open 24-hour superstores. "We recognize that many of our small business and student customers work around the clock andmore...
  • 4/6/99 7:00 am EDT

    Mobile Post Office; Free Copying of Tax Returns All Day; IRS Official to
    Offer Tax Advice

    Staples One of Four Late-Night Mailing Locations in Los Angeles for the
    United States Postal Service

    LOS ANGELES--(BUSINESS WIRE)--For all those last-minute filers, Staples is making it even easier to send in their taxes with the United States Postal Service (USPS) up through the midnight deadline while offering taxpayers some great things in return. Free photocopies sound good? How about an area to collate and sign returns, and address envelopes? Or a chance to win supplies and gift certificates from Staples to help get organized for next year? Staples The Officemore...
  • 3/31/99 7:00 am EST
    WESTBOROUGH, Mass.--(BUSINESS WIRE)--Staples Inc. (NASDAQ:SPLS) today announced that it has signed a lease for a multi-channel distribution center in Charlotte, N.C. Scheduled to be operational in the fall of 1999, the center will serve Staples contract, catalog and e-commerce customers. "The new center will support Staples' rapid expansion in the southeast market, and help us provide more efficient, localized service," said Joseph G. Doody, president of Staples Contractmore...
  • 3/24/99 7:00 am EST

    Staples Small Business Celebrations March 30 at Framingham and
    Saugus stores

    FRAMINGHAM, Mass.--(BUSINESS WIRE)--Staples The Office Superstore, pioneer of the office supplies superstore industry, has scheduled all-day Small Business Celebrations at two Boston-area stores on March 30 including four small business marketing seminars presented free of charge to entrepreneurs, small business owners and interested members of the public. These small business events will be at the Framingham and Saugus stores. "There is a clear need among our customersmore...

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